ixetic

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Newsletter Archive		Bad Homburg / Hückeswagen, 18 May 2009 Quality award from Toyota ixetic receives supplier award Automotive supplier ixetic has been awarded Toyota’s “Supplier Award for Achievement in Quality 2008”. The award is given in recognition of the hydraulic- and vacuum pump specialist’s consistently high product quality. This is the latest of several prizes to be awarded to ixetic by Toyota over the past few years. “We are particularly proud of this award, as it is not for nothing that Toyota is considered a quality leader in the automotive industry”, says Georg Wolf, Management Board Chairman of ixetic GmbH. “By awarding us the Supplier Award, Toyota is commending in particular the commitment of our employees at our Hückeswagen plant. At the same time, the prize will act as an incentive to our entire workforce to continue supplying top-quality products and services.” Product quality through production quality The prize was accepted by Manfred Würz, ixetic’s Director of Sales, at the annual meeting of Toyota’s European suppliers. “The quality requirements for safety-related precision parts intended to function for the entire lifetime of a car are naturally especially high”, explains Manfred Würz. “Our quality management system systematically prevents possible errors from emerging in the production process in the first place.” Quality management is also aided by ixetic’s deployment of a continuous process optimization system, based on KAIZEN principles. A reliable supplier for the past seven years ixetic has been supplying vacuum pumps to the world's largest car manufacturer since 2002. Its pumps are currently used in a number of engine versions for the Toyota Avensis, where they reliably provide the braking system with the required negative pressure. ixetic: a multiple award-winner The Toyota Motors Group hands out supplier awards in three different categories at the end of each financial year (March 31). ixetic has been among the suppliers publicly praised by the company three times already. Last year, it was awarded a “Certificate of Recognition” for its cost-reduction strategy. In 2002 and 2004 the company was awarded similar certificates for exemplary project management. Brief portrait of ixetic GmbH ixetic GmbH with its headquarters in Bad Homburg (Hesse/Germany) is one of the world's leading manufacturers of hydraulic and vacuum pumps for the automotive industry. In 2008 company turnover was around 300 million euros. ixetic has been an independent company since March 2006. Before that, ixetic was part of the company LuK Fahrzeug-Hydraulik and LuK Automobiltechnik, which in turn belonged to INA Holding Schaeffler KG. Today, ixetic is owned by the holding company cognetas. The company has around 1,200 employees at its German plants in Bad Homburg and Hückeswagen and its plant in Plovdiv (Bulgaria). Branches in Brunswick (USA) and Yokohama (Japan) and agencies in Russia, China, India and Korea complete the picture. The managing directors are Georg Wolf (chairman) and Norbert Gruber. The ixetic product range covers hydraulic pumps for steering, chassis and gearbox applications, vacuum pumps for brake systems, air-conditioning compressors in automotive and lubricating oil pumps. Customers include renowned vehicle manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all leading manufacturers or heavy and medium-heavy duty trucks such as ITEC, Scania, Daimler and Volvo.For further information about ixetic visit: http://www.ixetic.de/com Yokohama, May 8, 2009 JSAE Automotive Engineering Exposition 2009 From May 20 to May 22, ixetic Japan will be available for visitors on booth no. 249 We are looking forward to welcome you on the exposition. http://www.jsae.or.jp/expo/ Plovdiv, 22 April 2009 Plant inauguration in Plovdiv Bad Homburg / Plovdiv, 22 April 2009. Automotive supplier ixetic GmbH (Bad Homburg, Germany) today inaugurated its new plant in the Rakovski Industrial Zone in Plovdiv, Bulgaria. Since the beginning of the year, 30 people have been employed at the plant, which manufactures vacuum pump components. By the end of 2009, the number of workers at the ultra-modern plant will have increased to 100. Speaking at the inauguration, German Ambassador Gudrun Steinacker praised the commitment of the German company and drew attention to the good supply of well-trained and motivated workers in the region. ixetic sticks to its expansion plans despite the downturn in sales Jörn Neubert, Managing Director of ixetic Bulgaria, told the guests and the workforce at the ceremony that, despite the current worldwide sales slump in the automotive industry, the company was sticking to its original investment plans. “Overall we have invested around 8 million euros in the building and the equipment, and we plan to create more jobs over the next few months. This will allow us to survive in the face of ever increasing international competition, and simultaneously secure the future of our German production plants.” Number of employees set to increase to 100 this year Production of vacuum pump components has already started, with 30 employees employed on the production line. During the second half of the year, production of steering pumps for heavy and medium-heavy trucks is also scheduled to start here. “We are currently looking for suitably-qualified workers to work in this division, and will need an additional 70 skilled workers in total”, explains Ivo Petrov, who oversees the ixetic plant in Plovdiv. In 2010, production of steering pumps for passenger vehicles will also be moved to Plovdiv. “Afterwards, a total of approximately 250 workers will employed at this site”, says Petrov. Brief portrait of ixetic GmbH ixetic GmbH with its headquarters in Bad Homburg (Hesse/Germany) is one of the world's leading manufacturers of hydraulic and vacuum pumps for the automotive industry. In 2008 company turnover was around 300 million euros. ixetic has been an independent company since March 2006. Before that, ixetic was part of the company LuK Fahrzeug-Hydraulik and LuK Automobiltechnik, which in turn belonged to INA Holding Schaeffler KG. Today, ixetic is owned by the holding company cognetas. The company has around 1,200 employees at its German plants in Bad Homburg and Hückeswagen and its plant in Plovdiv (Bulgaria). Branches in Brunswick (USA) and Yokohama (Japan) and agencies in Russia, China, India and Korea complete the picture. The managing directors are Georg Wolf (chairman) and Norbert Gruber. The ixetic product range covers hydraulic pumps for steering, chassis and gearbox applications, vacuum pumps for brake systems, air-conditioning compressors in automotive and lubricating oil pumps. Customers include renowned vehicle manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all leading manufacturers or heavy and medium-heavy duty trucks such as ITEC, Scania, Daimler and Volvo.For further information about ixetic visit: http://www.ixetic.de/com Bad Homburg, April 6 2009 ixetic is getting involved in South America ixetic is further expanding its international activities. The company, which is already working the USA, Japan and Bulgaria markets, is now planning to capture the South American market for commercial vehicles. ixetic will be participating in this year's AUTOMEC trade fair for automotive parts suppliers in Sao Paulo for the first time, together with a partner. The trade fair will be held from April 14 to 18. Power-steering pumps for commercial vehicles ixetic is planning to become involved in the South American market with power steering pumps for heavy and medium-duty commercial vehicles. The German manufacturer is relying on the company DHB Componentes Automotivos as its partner. The company, founded in 1967, is the largest manufacturer of power-steering systems in Latin America and supplies customers in more than 20 different countries. Around 1,000 people are employed at the company headquarters in Porto Alegre in Southern Brazil. "ixetic and DHB complement each other outstandingly", says Kajetan Gressler, spokesman of ixetic. "We have the right product and our partner has direct access to commercial vehicle customers." ixetic products well known in Brazil ixetic products are well known in Brazil. ixetic emerged from the INA Schaeffler Group in 2006 under the company name LUK and has been successfully marketing vacuum and hydraulic pumps in South America for some years now through the former parent company Schaeffler do Brazil.Up to now the focus has not been on the power steering pump business for commercial vehicles. For this reason, ixetic is now starting its own activities. Brief portrait of ixetic ixetic GmbH with its headquarters in Bad Homburg (Hesse/Germany) is one of the world's leading manufacturers of hydraulic and vacuum pumps for the automotive industry. In 2008 company turnover was around 300 million euros. ixetic has been an independent company since March 2006. Before that, ixetic was part of the company LuK Fahrzeug-Hydraulik and LuK Automobiltechnik, which in turn belonged to INA Holding Schaeffler KG. Today, ixetic is owned by the holding company cognetas. The company has around 1,200 employees at its German plants in Bad Homburg and Hückeswagen and its plant in Plovdiv (Bulgaria). Branches in Brunswick (USA) and Yokohama (Japan) and agencies in Russia, China, India and Korea complete the picture. The managing directors are Georg Wolf (chairman) and Norbert Gruber. The ixetic product range covers hydraulic pumps for steering, chassis and gearbox applications, vacuum pumps for brake systems, air-conditioning compressors in automotive and lubricating oil pumps. Customers include renowned vehicle manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all leading manufacturers or heavy and medium-heavy duty trucks such as ITEC, Scania, Daimler and Volvo. For further information about ixetic visit: http://www.ixetic.com Bad Homburg, April 3 2009 . . . . . Bad Homburg/Hückeswagen, 28. April 2008 Praise for the supplier: ixetic awarded by Toyota On 17 April 2008, automotive supplier ixetic was handed an award by Toyota Motor Europe at the annual suppliers’ meeting in Brussels: with its “Certificate of Recognition”, the car manufacturer is acknowledging the German pump specialist's performance in achieving common cost-cutting goals. “This positive feedback is the reward for the hard work and know-how of our entire team,” says Georg Wolf, managing director of ixetic GmbH. “It also underlines the great esteem in which Toyota holds us, also evident in the number of repeat orders awarded to us in the past.” ixetic has been delivering vacuum pumps, required for braking force, to Toyota for six years. The pumps are installed at the company’s Hückeswagen (Bergisches Land) site. Powerful cost brake – now standard at ixetic The Certificate of Recognition was awarded to ixetic for its exemplary fulfilment of the cost objectives laid down by the Toyota purchasing department for the 2007 business year, which ended on 31 March 2008. “I am particularly pleased that Toyota praises the precise cost management of the production department in Hückeswagen”, says Georg Wolf. “This shows that we in Germany not only have our costs under control, but also that we are a reliable partner to large car manufacturers who set ambitious cost optimization targets.” A hat trick for ixetic This Certificate of Recognition for the 2007 business year is the third such award for ixetic: In 2002 and 2004 Toyota awarded its Certificate of Recognition to it for good project management. Toyota Motor Europe handed out a total of 27 “cost” category awards at this year’s “Annual Supplier Meeting”, held at the company’s headquarters in Brussels. Also awarded was outstanding performance in four other categories, namely delivery reliability, project management, quality and value analysis. Brief description – ixetic GmbH ixetic GmbH, with headquarters in Bad Homburg (Hesse), is a worldwide leading manufacturer of hydraulic and vacuum pumps for the automotive industry. The company has been independent since March 2006. Previously ixetic traded under the name of LuK Fahrzeug-Hydraulik und LuK Automobiltechnik, and belonged to INA Holding Schaeffler KG. Today it belongs to holding company cognetas. In 2007 company turnover grew by eleven percent to 318 million euros. The company employs a total of more than 1,200 employees at its two German sites in Bad Homburg and Hückeswagen (Bergisches Land). It also has subsidiaries in Brunswick (U.S.A.) and Yokohama (Japan), as well as representatives in Russia, China, India and Korea. The company’s managing director is Georg Wolf. ixetic’s range of products encompasses hydraulic pumps for steering, chassis and transmission applications, vacuum pumps for brake systems, car air-conditioning compressors and lube oil pumps. The company’s customers include renowned automotive manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all the leading manufacturers of heavy- and medium-heavy commercial vehicles such as Itec, Daimler and Volvo. Bad Homburg, 21 April 2008 New study: ixetic a top employer for engineers . Bad-Homburg-based ixetic GmbH ranks among the 25 best employers for engineers in Germany, according to the latest “Top Employers for Engineers 2008” industry survey, the results of which were published today in Düsseldorf. “We are proud of this award, as it demonstrates that we can offer so-called 'high potentials' first-class career opportunities”, says Georg Wolf, managing director of ixetic GmbH. “Good engineers are highly sought after – especially in Germany, and our attractiveness as an employer provides us with an excellent starting position in the race for the best.” A strong emphasis on innovativeness The study also evaluated innovation management within the companies in question. “The promotion of innovativeness and precise advancement of product development are fundamental components of our corporate culture”, says Georg Wolf. “In the area of research and development, ixetic’s level of investment is well above the industry average.” Apart from innovation management, the study also exaimined at the international character of the companies, and personal factors such as work-life balance, development opportunities, job security, and last but not least, salaries for engineers. ixetic came out well with respect to all of these. Motivation as a driving force “Our employees, in addition to being qualified, must be highly motivated”, says Georg Wolf. “Excellently trained and dedicated employees are our most valuable resource.” A study commissioned by the Federal Ministry of Labour and Social Affairs had already revealed last year that overall employee satisfaction at ixetic was above average. About the “Top Employers for Engineers” survey CRF is an independent company that initiates, coordinates and publishes international research projects for business. The annual Top Employer survey carried out by the Düsseldorf-based consulting firm pinpoints German companies with outstanding staffing policies. The rankings, comprehensive company portraits and detailed benchmark report were drawn up on the basis of an extensive catalogue of criteria and wide-ranging interviews. As a result, highly qualified engineers are provided with an overview of the companies that can offer them the best professional and career development opportunities. Brief description – ixetic GmbH ixetic GmbH, with headquarters in Bad Homburg (Hesse), is a worldwide leading manufacturer of hydraulic and vacuum pumps for the automotive industry. The company has been independent since March 2006. Previously ixetic traded under the name of LuK Fahrzeug-Hydraulik und LuK Automobiltechnik, and belonged to INA Holding Schaeffler KG. Today it belongs to holding company cognetas. In 2007 company turnover grew by eleven percent to 318 million euros. The company employs a total of more than 1,200 employees at its two German sites in Bad Homburg and Hückeswagen (Bergisches Land). It also has subsidiaries in Brunswick (U.S.A.) and Yokohama (Japan), as well as representatives in Russia, China, India and Korea. The company’s managing director is Georg Wolf. Ixetic’s range of products encompasses hydraulic pumps for steering, chassis and transmission applications, vacuum pumps for brake systems, car air-conditioning compressors and lube oil pumps. The company’s customers include renowned automotive manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all the leading manufacturers of heavy- and medium-heavy commercial vehicles such as Itec, Daimler and Volvo. Bad Homburg, 3. März 2008 Good business with power steering pumps: ixetic grows by more than 11 percent Bad Homburg, 3 March 2008. In the 2007 business year automotive supplier ixetic’s total turnover amounted to 318 million euros – an 11.2 percent increase on the previous year. In 2006 ixetic had already increased its turnover by 10 percent. “For the second year running, therefore, our company’s growth has been above-average for the sector”, says managing director Georg Wolf. Power steering pump production is the area that generates the most turnover for ixetic: in it the Bad Homburg-based automotive supplier saw sales growth of 13 percent. The largest growth in sales and turnover, however, was in the area of chassis pumps, in which the company is the world leader, leading to it being declared “Hessen-Champion” in October 2007. Record volume of investment ixetic is expecting continued growth this year as well, with the company already almost working to capacity. Many production areas at the Bad Homburg and Hückeswagen plants are working around the clock, seven days a week. “In order to be able to reliably meet the increasing demand for our goods in the future and maintain the high quality of our products, we are investing record amounts in the expansion of our production facilities”, says Georg Wolf. “And we will continue to produce in Germany in the future.” By the end of this year, ixetic will have expanded its Hückeswagen plant, doubling the size of the production area from the current 3,500 square metres to 7,000 square metres. Also ready by the end of 2008 will be a new plant in the Bulgarian city of Plovdiv. Investing in the future In addition to expanding capacity, ixetic is also developing new products, with the result that development expenditure will increase again in 2008. “During the next few years energy-efficient solutions in particular will be in big demand”, says Wolf. “We are already leaders in this area, and investments in ixetic’s innovativeness therefore represent cleverly-invested capital.” Close to the customer – worldwide Around the world ixetic’s strategy is to operate close to the production sites of renowned car manufacturers. Apart from its two German production sites at Bad Homburg and Hückeswagen (Bergisches Land), the automotive supplier also has a base in Brunswick, OH (U.S.A.), and representatives in Yokohama (Japan), Nizhny-Novgorod (Russia), Seoul (South Korea), Delhi (India) and Shanghai (China). “We are convinced that we can increase our business further through our close proximity to our customers, in Asia and Russia in particular”, says Georg Wolf. Brief description – ixetic GmbH ixetic GmbH, with headquarters in Bad Homburg (Hesse), is a worldwide leading manufacturer of hydraulic and vacuum pumps for the automotive industry. The company has been independent since March 2006. Previously ixetic traded under the name of LuK Fahrzeug-Hydraulik und LuK Automobiltechnik, and belonged to INA Holding Schaeffler KG. Today it belongs to holding company cognetas. In 2007 company turnover grew by eleven percent to 318 million euros. The company employs a total of more than 1,200 employees at its two German sites in Bad Homburg (Bergisches Land) and Hückeswagen. It also has subsidiaries in Brunswick (U.S.A.) and Yokohama (Japan), as well as representatives in Russia, China, India and Korea. The company’s managing director is Georg Wolf. Ixetic’s range of products encompasses hydraulic pumps for steering, chassis and transmission applications, vacuum pumps for brake systems, car air-conditioning compressors and lube oil pumps. The company’s customers include renowned automotive manufacturers such as Audi, BMW, Daimler, Porsche, Renault, Toyota, Volkswagen and all the leading manufacturers of heavy- and medium-heavy commercial vehicles such as Itec, Daimler and Volvo.